Intra-African trade: UNDP commits to supporting a ‘Made in Africa’ revolution – MyJoyOnline
Intra-African trade: UNDP commits to supporting a 'Made in Africa ... Myjoyonline
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The United Nations Development Programme (UNDP) Supports African Countries in Achieving Sustainable Development Goals (SDGs)
Africa’s Industrialization Challenges
- Africa has the lowest level of industrialization among continents, with only 2.1 percent of global manufacturing capacity.
- Lack of trade among African countries further hampers economic performance.
Promoting Intra-African Trade for Industrial Revolution
The 2023 African Economic Conference (AEC), organized by the African Development Bank (AfDB), the Economic Commission for Africa (ECA), and the United Nations Development Programme (UNDP), highlights the importance of liberalizing trade and promoting intra-African trade for Africa’s industrial revolution.
Investing in Value Addition and Regional Value Chains
Matthias Naab, Director of Regional Service Center – UNDP Regional Bureau for Africa, emphasizes the need to invest in Africa’s value addition using regional value chains. UNDP is working with African governments to develop policies for structural economic transformation, including trade, investment, and industry.
Made in Africa Revolution
The UNDP Futures Report, published in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat, identifies sectors for the emerging Made in Africa Revolution, such as automobiles, lithium-ion batteries, clothing and textiles, pharmaceuticals, and entertainment services. This revolution requires investment in value addition and beneficiation.
Industrial Development for Economic Growth
Sahle-Work Zewde, President of the Federal Republic of Ethiopia, emphasizes that industrial development is essential for sustained and inclusive economic growth. African leaders and industry leaders need to collaborate to achieve import substitution and promote intra-African trade.
African Economic Conference: Imperatives for Sustainable Industrial Development
The African Economic Conference focuses on the theme “Imperatives for sustainable industrial development in Africa.” Participants discuss Africa’s experience with industrialization, the political will at national, regional, and global levels, and successful global examples to accelerate progress towards the SDGs and Agenda 2063 of the African Union.
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SDGs, Targets, and Indicators in the Article
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 17: Partnerships for the Goals
The article discusses the need for structural economic transformation and industrial development in Africa. This aligns with SDG 9, which aims to build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation. The article also mentions the collaboration between the UNDP and African governments, highlighting the importance of partnerships for achieving sustainable development, as emphasized in SDG 17.
2. What specific targets under those SDGs can be identified based on the article’s content?
- Target 9.2: Promote inclusive and sustainable industrialization
- Target 17.16: Enhance the global partnership for sustainable development
The article emphasizes the need for inclusive and sustainable industrialization in Africa, which aligns with Target 9.2 of SDG 9. Additionally, the collaboration between the UNDP and African governments demonstrates efforts to enhance global partnerships for sustainable development, as stated in Target 17.16 of SDG 17.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
Yes, there are indicators mentioned in the article that can be used to measure progress towards the identified targets:
- Indicator for Target 9.2: Manufacturing value added as a percentage of GDP
- Indicator for Target 17.16: Number of countries with operationalized coordination mechanisms for sustainable development
The article mentions Africa’s low manufacturing capacity, which can be measured by the manufacturing value added as a percentage of GDP. This indicator reflects progress towards inclusive and sustainable industrialization (Target 9.2). The collaboration between the UNDP and African governments also implies the establishment of coordination mechanisms for sustainable development, which can be measured by the number of countries with operationalized coordination mechanisms (Target 17.16).
Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.2: Promote inclusive and sustainable industrialization | Manufacturing value added as a percentage of GDP |
| SDG 17: Partnerships for the Goals | Target 17.16: Enhance the global partnership for sustainable development | Number of countries with operationalized coordination mechanisms for sustainable development |
The table presents the identified SDGs, their corresponding targets, and the specific indicators mentioned in the article. It highlights the relevance of SDG 9 and SDG 17 to the issues discussed in the article.
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: myjoyonline.com
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